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BACKGROUND <br /> Chapter 3, Section 36530 of the Parking and Business Improvement Area Law of 1989 <br /> requires the City Council to appoint an advisory board to prepare the annual budget with <br /> a report describing the improvements and activities of the downtown improvement <br /> district and the related funding sources. The report will also outline any recommended <br /> changes to the boundaries of the district and/or the methodology of assessing each <br /> business. <br /> DISCUSSION <br /> The members of the Executive Committee of the Pleasanton Downtown Association are <br /> the proposed Advisory Board for 2013. The appointment of the Advisory Board is the <br /> first step in a three-step process for establishing and levying the annual assessments in <br /> the District. The second step is the submittal of the annual report for Council's approval. <br /> A resolution of intention will also be submitted at that time which will set a time for the <br /> public hearing on the levy of the proposed assessment for calendar year 2013. The <br /> final step of the process is the public hearing and approval by resolution by Council of <br /> the final report. The following is the schedule of events: <br /> Date Action <br /> 10/16/2012 Ratification and Appointment of Advisory Board <br /> 11/20/1212 Acceptance of the 2013 Budget and set Public Hearing -- 12/4/2012 <br /> 12/4/2012 Hold Public Hearing and adopt by Resolution 2013 Budget/Report <br /> Submitted by: Approv d by: <br /> &0 V <br /> Emily. Wagner Nelson Fialho <br /> Director of Finance City Manager <br /> Page 2 of 2 <br />